Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Assume you sell short 100 shares of common stock at BDT $45per share, with initial margin at 0.5. The stock paid dividends during the period
Assume you sell short 100 shares of common stock at BDT $45per share, with initial margin at 0.5. The stock paid dividends during the period of $1.5, and you did not remove any money from the account before making the offsetting transaction. The interest is 7% if price at time of covering your position reached30, maintenance margin is 0.35 percent. calculate what is your account value ? what is your equity ? what is your equity after price changes'? what is your actual margin?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started